Tesla’s EV Lead Outstrips Industry Rivals, but Not for Long, Says Volkswagen CEO

Tesla’s EV Lead Outstrips Industry Rivals, but Not for Long, Says Volkswagen CEO
Volkswagen CEO Herbert Diess during his visit to Volkswagen's electric car plant in Zwickau, Germany, on June 23, 2021. Matthias Rietschel/Reuters
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Tesla, the world’s leading electric vehicle manufacturer, is moving at twice the speed than its competitors, said Herbert Diess, CEO of Volkswagen AG, the world’s second-largest EV manufacturer, at a June 1 conference at the CAR Symposium conference in Bochum, Germany.

Tesla has managed to secure its position despite factory shutdowns, a lack of computer chips, and other supply chain constraints since the pandemic.

Bryan Jung
Bryan Jung
Author
Bryan S. Jung is a native and resident of New York City with a background in politics and the legal industry. He graduated from Binghamton University.
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